JD.com (JD) Research & Development (2013 - 2026)
JD.com's Research & Development came in at -$1.08 billion for Q2 2026, compared with -$740 million a year earlier.
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Analysis
JD.com (JD) Research & Development (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, JD.com reported Research & Development of -$3.82 billion; for FY2025, it was -$3.18 billion.
- Going back by year, Research & Development was -$2.33 billion in FY2024, -$2.31 billion in FY2023, -$2.45 billion in FY2022 and -$2.56 billion in FY2021.
- The Q2 2026 figure represents the lowest quarterly Research & Development in data going back to Q4 2018.
- Business Quant data shows JD's Research & Development at -$995 million (Q1 2026), -$953 million (Q4 2025) and -$793 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | - |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | - |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | - |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | - |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | - |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | - |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | - |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | - |
| 10 | JD.com | 32.86 Bn | -77.35 Bn | 8.71 Bn | -1.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.08 Bn |
| Mar 31, 2026 | -995.00 Mn |
| Dec 31, 2025 | -953.00 Mn |
| Sep 30, 2025 | -793.00 Mn |
| Jun 30, 2025 | -740.00 Mn |
| Mar 31, 2025 | -637.00 Mn |
| Dec 31, 2024 | -601.00 Mn |
| Sep 30, 2024 | -626.00 Mn |
| Jun 30, 2024 | -580.00 Mn |
| Mar 31, 2024 | -559.00 Mn |
| Dec 31, 2023 | -611.00 Mn |
| Sep 30, 2023 | -520.00 Mn |
| Jun 30, 2023 | -562.00 Mn |
| Mar 31, 2023 | -610.00 Mn |
| Dec 31, 2022 | -633.00 Mn |
| Sep 30, 2022 | -579.00 Mn |
| Jun 30, 2022 | -601.00 Mn |
| Mar 31, 2022 | -692.00 Mn |
| Dec 31, 2021 | -644.18 Mn |
| Sep 30, 2021 | -621.41 Mn |
API Access
JD.com Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=JD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "JD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();